Kuna, Idaho Property Taxes
The median property tax rate in Kuna, ID is 0.52%, slightly higher than the Idaho state median of 0.50% but still below the national median of 0.99%. With the median home value in Kuna at $368,650, the typical annual property tax bill reaches $2,000, which is less than the national median of $2,690. Property taxes in Kuna are calculated based on the assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Kuna's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Kuna or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kuna, Idaho Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.52%
Estimate Property Tax Bill
$1,917
Ownwell’s Kuna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kuna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kuna to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Kuna, Idaho
Property taxes in Kuna, Idaho, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kuna is 0.52%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Kuna set these rates annually, and they can vary across different neighborhoods. Each year, Kuna estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Kuna's effective property tax rate to other areas in Ada County and the national median. For comparison, the 83642 zip code has the highest median property tax rate of 0.61%, while the 83634 zip code has the lowest median tax rate of 0.52%. Understanding how these areas compare with Kuna provides valuable insights into the varying tax landscape across Ada County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kuna Tax Rate
0.52%
Average Ada County Tax Rate
0.58%
Average Idaho Tax Rate
0.50%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kuna, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | 0.37% | 0.47% | 0.52% | 0.58% | 0.71% |
| 83642 | 0.55% | 0.58% | 0.61% | 0.63% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Kuna, Idaho
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Kuna, Idaho. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Ada County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Kuna, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, in Kuna, the median home price is $368,650, with tax bills ranging from $1,565 at the 25th percentile to $3,028 at the 90th percentile. The zip code with the highest median tax bill is 83642 at $2,505, while the lowest is 83634 at $1,998. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kuna Assessed Value
$368,650
Average Ada County Assessed Value
$433,000
Average Idaho Assessed Value
$374,698
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kuna, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | $281,800 | $316,150 | $368,600 | $451,700 | $560,940 |
| 83642 | $343,680 | $357,900 | $382,100 | $433,500 | $466,840 |
Source: Ownwell
Property Tax Bills Across Kuna, Idaho
Property tax bills in Kuna, Ada County, ID are determined by assessing the property's market value and applying the local tax rate. The assessed value is typically a percentage of the market value, and this figure is then multiplied by the tax rate to calculate the annual tax bill. In Kuna, homeowners see a range of tax bills, with the 25th percentile at $1,565 and the 75th percentile at $2,533, reflecting variations in property values and specific local tax rates. Several factors influence the tax bill, including the property's location, improvements, and market trends. For instance, the highest median tax bill in the area is $2,505 in the 83642 zip code, while the lowest is $1,998 in the 83634 zip code. These variations can significantly impact homeowners, as higher property values and tax rates result in steeper tax bills. Compared to the national median property tax rate of 0.99%, Kuna's rates can be more manageable, but they still represent a substantial expense for homeowners, affecting their overall financial planning.
Average Kuna Tax Bill
$2,000
Average Ada County Tax Bill
$2,663
Average Idaho Tax Bill
$1,894
Average United States Tax Bill
$2,690
Property Tax Bills Across Kuna, Idaho
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 83634 | $1,099 | $1,564 | $1,998 | $2,531 | $3,029 |
| 83642 | $1,909 | $2,125 | $2,505 | $2,817 | $2,944 |
Source: Ownwell